JAKARTA (Yosefardi) – Transportation company PT Adi Sarana Armada (ASSA) Tbk has on May 22, 2013 signed loan agreement worth Rp400 billion with Bank Central Asia.

The facilities are consisted of investment loan and working capital loan.

Adi Sarana booked net profit of Rp21.3 billion in the first quarter of 2013, surged from Rp4.7 billion in the corresponding period of 2012.

The company generated sales revenue of Rp239.4 billion in the quarter, grew by 49.38% from the same period last year.

ASSA ended higher by 1.37% to Rp370 Friday (May 24). At this price, Adi Sarana currently has market capitalization of Rp1.26 trillion.